MAIRE S.p.A. (Milan) announced that its subsidiary, KT – Kinetics Technology, in collaboration with NEXTCHEM, has been awarded a $400-million Engineering, Procurement, and Construction (EPC) contract by HOLBORN Europa Raffinerie GmbH (HOLBORN). The project aims to develop a Hydrotreated Vegetable Oil (HVO) complex within HOLBORN’s existing refinery in Hamburg, Germany.
The new plant, expected to be operational by early 2027, will produce approximately 220,000 tons per year of high-quality renewable diesel and sustainable aviation fuel (SAF). The facility will utilize waste and residue feedstocks, biomasses, residues from the agribusiness industry, and low-carbon hydrogen. The project includes the construction of pre-treatment and HVO units, along with the necessary interconnecting infrastructure with existing facilities.
HVO, also known as renewable diesel, is derived from waste and residue feedstocks and possesses the same chemical properties as fossil-based diesel. This alternative fuel decreases reliance on petroleum and reduces environmental impact, serving as a drop-in biofuel for diesel vehicles without engine modifications. Renewable diesel also significantly reduces greenhouse gas emissions compared to fossil-based diesel, aligning with the European Union’s Renewable Energy Directive (RED III) sustainability criteria.
MAIRE will leverage its Sustainable Technology Solutions’ expertise and Integrated E&C Solutions’ engineering and execution capabilities to deliver an HVO complex that enhances operational efficiency and reduces the carbon footprint of the HOLBORN refinery.
Alessandro Bernini, Chief Executive Officer of MAIRE Group, stated, “This important success confirms the pivotal role of MAIRE Group in the energy transition and its ability to tackle decarbonization challenges in hard-to-abate sectors by leveraging our unparalleled technological portfolio and integrated engineering and execution capabilities.”